It was founded in 2009 and is headquartered in Cyprus. Xavier pages codina forex trading’s one of the few brokers that are regulated by four different authorities which include ASIC, CySEC, FCA and IFSC.
Tradable instruments This online forex broker boasts over 300 different tradable instruments. Investors can choose among 55 plus currency pairs, CFDs, stocks, indices, precious metals, xm forex trading platform, cryptocurrencies and commodities. Trading platforms supported Xm supports both Metatrader 4 and Metatrader 5 trading platforms. Both platforms are popular among traders and each gives you access to over 300 different instruments to trade.
Support for these platforms makes it easy to access your trading account from different internet enabled devices. These include desktop, IOS and Android devices. Account types This broker offers 5 different account types. There are 4 different cash based accounts to choose from.
The first is the micro account which supports over 10 base currency options. 5 and contract sizes are 1000. No commission is charged on this account while leverage is offered between 1:1 and 1:888. The second account type is the standard account. Its features are similar to those of the micro account except the contract size is 100000. The third account type is the XM zero account. It only offers three base currency options and contract sizes of 100000.
100 and commissions are charged on transactions. These accounts do not attract rollover interests on overnight positions held. Other features you’ll find in Islamic account types include no upfront commissions and no spread widening. This broker accepts up to 25 different payment methods. This makes it easy to choose the payment method that’s most convenient for you. Some of the accepted ways to fund your trading account or withdraw your earnings include credit card, electronic payments like Neteller and wire transfer.
Are you looking for a better place to open your trades? Whether you’re a beginner or experienced trader, our reviews and broker listings can help you find the best platforms to trade with. We only list brokers that are trusted, well regulated and offer competitive brokerzy forex, bonuses and trading conditions. The leading Social Trading platform with 4. An efficient, secure deposit and withdrawal experience. ATFX welcomes Scalpers, Hedging, Expert Advisers and more. In the US, a reputable forex broker will be a member of the National Futures Association and will be registered with the U.
Commodity Futures Trading Commission as a Futures Commission Merchant and Retail Foreign Exchange Dealer. The offer of each broker may differ in terms of leverage and margin. Forex brokers will offer a variety of leverage amounts depending on the broker, such as 50:1 or 200:1. The ability to select the leverage a trader desires enable better control of risk. Different brokers may also offer different commissions and spreads. October 2017: Based on the Scam Label applied to Binary Tilt, the FPA now considers Binary Tilt and all associated companies to be scams. If you have money with any of these companies, the FPA recommends you attempt to withdraw your funds immediately.